Railway Age Announces 2021 ‘Fast Trackers’ 20 Under 40 Honorees

Railway Age is honoring 20 “Fast Trackers” from a pool of more than 100 strong nominations for this year’s 20 Under 40 awards program.

Wabtec’s Metroflexx Receives TÜV SÜD Certification

TÜV SÜD, an independent testing and certification authority, has certified Wabtec Corp’s new Metroflexx brake, which the company calls “next-generation braking systems for the mass transit rail industry.” The certification “validates that the system meets the safety, quality and performance standards set at an organizational, local or international level.”

Wabtec expects its “Green Friction” technology to reduce by up to 90% micro-particle emissions from friction braking on commuter trains in Paris.

RATP Testing ‘Green Friction’ Braking

Paris Transport Authority (RATP) has teamed with Wabtec Corp. to test “Green Friction” technology for brakes in an aim to improve tunnel air quality.

Wabtec Recommends Stockholders Reject TRC Capital’s ‘Mini-Tender Offer’

Wabtec Corp. reported it has been notified of an unsolicited “mini-tender offer” by TRC Capital Investment Corp., a private Canadian investment firm, to purchase up to two million shares of Wabtec’s common stock at a price of $59.25 per share in cash.

Wabtec will occupy more than 11,000 square feet of space in the first building (rendering above) of Neighborhood 91, a new hub in Pittsburgh connecting all components of the additive manufacturing and 3D-printing supply chain.

Wabtec Opening Additive Manufacturing Facility in 2021

Wabtec Corp. will open a new additive manufacturing facility in spring 2021 at the Pittsburgh Airport Innovation Campus.